Automated clearinghouse (ACH) Automated clearinghouse (ACH) is a system that allows payments or withdrawals to and from a bank account by magnetic computer tape.
Automated Teller Machine (ATM) Automated Teller Machine (ATM) refers a machine that dispenses cash from a customer’s account, accepts deposits to the account, or
Reasonable and customary charges Reasonable and customary charges is a payment of physicians’ normal fees if they are reasonable and customary, such as a fee that does not exceed the 80th or 90th percentile for a similar procedure
Difference the top-down and bottom-up approaches The top-down valuation process begins by examining the influences of the general economy on all firms and the security markets. The next step is to ...
Automatic premium loan Automatic premium loan means cash borrowed from a life insurance policy’s cash value to pay an overdue premium after the grace period
Automobile insurance plan Automobile insurance plan formerly called assigned risk plan. Method for providing auto insurance to persons considered to be high-risk drivers who cannot obtain protection in the voluntary markets. All auto
Bailee’s customer policy Bailee’s customer policy that covers the loss or damage to property of customers regardless of a
Bottom Bottom refers to the base support level for market prices of any type. Also used in the context of securities to refer to the lowest market price of a security
Bottom fisher Bottom fisher is an investor seeking stocks that have fallen to prices at or near their bottom, which he or she believes will trend up in the
Definition
[ n.]